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Sun. Jul 21st, 2024

Trump to speak at Nashville Bitcoin conference

By meerna Jul11,2024
Trump to speak at Nashville Bitcoin conference

Former U.S. President Donald Trump is set to speak at an upcoming Bitcoin conference in Nashville, Tennessee, later this month, conference organizers announced Wednesday. “Be a witness to history,” reads the headline on the conference’s website.

The presumptive Republican Party nominee for president of the United States joins a program that has already featured independent candidate Robert F. Kennedy.

Trump’s appearance at the largest Bitcoin conference is another step in his campaign to win over Bitcoin supporters and turn their enthusiasm into votes in November.

In May, the Trump campaign began accepting donations in cryptocurrencies, including Bitcoin, Ethereum, Dogecoin and Solana, fulfilling a promise made to holders of Trump’s NFTs at an event at Mar-a-Lago, a meeting that many saw as a turning point in the national debate on cryptocurrency policy.

Upon learning that Trump had begun accepting Bitcoin, rival candidate Kennedy said he was “delighted” by Trump’s change of heart on Bitcoin.

“My supporters, if I’m not in the race, will vote for President Trump,” Kennedy said in May, citing polls his team conducted that showed him beating both major party candidates in a theoretical head-to-head race. “There’s no circumstance under which President Biden could win.”

Bitcoin has become a partisan issue in the US The Republican Party on Monday pledged to protect Bitcoin and end what the Biden administration described as an “un-American crackdown on cryptocurrencies” in its draft policy platform.

“We will defend the right to mine Bitcoin and ensure that every American has the right to independently manage their digital assets and make transactions without government oversight or control,” the platform said in a statement.

Other politicians joining Trump and Kennedy on Bitcoin 2024 include former presidential candidate Vivek Ramaswamy, Wyoming Senator Cynthia Lummis, Tennessee Senators Bill Hagerty and Marsha Blackburn, and former Hawaii Representative Tulsi Gabbard.

“Cryptocurrency innovators and others in the tech sector are under attack by Biden and the Democrats,” Trump campaign senior adviser Brian Hughes previously said. Decipher“While Biden stifles innovation with more regulation and higher taxes, President Trump stands ready to encourage Americans to lead in this and other emerging technologies.”

Although Trump has spoken out against Bitcoin and cryptocurrencies in the past, calling them “highly unstable and based on nothing,” his recent change of heart has mobilized the cryptocurrency community, including Gemini cryptocurrency exchange co-founders Cameron and Tyler Winklevoss, who announced last month that they had donated $2 million in Bitcoin to Trump’s campaign.

The conference schedule has not yet been updated, and there is no indication of when Trump will deliver a speech during the three-day event, which will take place July 25-27 at the Music City Center in Nashville.

The program also includes speeches from Michael Saylor on Friday and Edward Snowden on Saturday. Kennedy will be a guest at a fireside chat on Friday.

Editing: Ryan Ozawa.

By meerna

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